Saudi Arabia Confectionery Market 2024

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The Saudi Arabia confectionery market is on track for a substantial increase of USD 1.5 billion, indicating a compound annual growth rate (CAGR) of roughly 7.4% during the forecast period from 2024 to 2029. Saudi Arabia’s confectionery market is experiencing growth due to rising disposable incomes and increasing consumer demand for premium and indulgent products. Younger consumers are driving interest in innovative and healthier options, while the expansion of modern retail formats is enhancing accessibility across the kingdom.

The report delivers an in-depth analysis of the Saudi Arabia confectionery industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the confectionery market.


Market Segmentation


The following outlines the segmentation of the Saudi Arabia confectionery market:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: forecourts, supermarkets and hypermarkets, discounters, specialized stores, small grocery stores, foodservice channels, e-commerce, others

The Saudi Arabia confectionery market is categorized by product type, packaging type and distribution channel. By product type, the market includes chocolate, gums, and sugar confectionery. Packaging type segmentation includes flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments are categorized into forecourts, supermarkets and hypermarkets, discounters, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.


Competitive Landscape


The Saudi Arabia confectionery market is marked by intense competition, featuring leading companies such as United Food Industries Corporation Ltd. Co., Trolli GmbH, The Procter & Gamble Company (P&G), The Hershey Company, Sweets of Oman Company, Pladis Foods Limited, Perfetti Van Melle Group, Patchi SAL, Nestle S.A., Mondelez International Inc., Mars Incorporated, Kasih Food Production Company, IFFCO Group, Haribo GmbH & Company KG, Halwani Brothers Company JSC, Ferrero International S.A., Chocoladefabriken Lindt & Sprungli AG, Batook Chewing Gum Industries Ltd., August Storck KG, Anoosh Company, Al Wefag Trading & Manufacturing Co. Ltd., Al Maddah Trading Group and Al Jazirah Food Processing Co. Ltd.

This report delivers an in-depth examination of leading companies in the confectionery sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.


Why Buy This Report?


Obtain precise statistical data and forecasts for the Saudi Arabia confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Saudi Arabia confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.


Table of Contents


TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Saudi Arabia Confectionery Market – Product Type Analysis
Saudi Arabia Confectionery Market – Packaging Type Analysis
Saudi Arabia Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– United Food Industries Corporation Ltd. Co.
– Trolli GmbH
– The Procter & Gamble Company (P&G)
– The Hershey Company
– Sweets of Oman Company
– Pladis Foods Limited
– Perfetti Van Melle Group
– Patchi SAL
– Nestle S.A.

Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Saudi Arabia Confectionery Market 2019-2029
Chart Saudi Arabia Confectionery Market, Net Growth, 2019-2029
Chart Saudi Arabia Confectionery Market, Growth Rates, 2019-2029
Table Saudi Arabia Confectionery Market by Product Type, 2019-2029
Chart Saudi Arabia Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Confectionery Market by Product Type, 2019-2029
Table Saudi Arabia Confectionery Market by Packaging Type, 2019-2029
Chart Saudi Arabia Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Confectionery Market by Packaging Type, 2019-2029
Table Saudi Arabia Confectionery Market by Distribution Channel, 2019-2029
Chart Saudi Arabia Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Saudi Arabia Confectionery Market by Distribution Channel, 2019-2029
Table Saudi Arabia Confectionery Market Share (%), by Companies, 2019-2023
Chart Saudi Arabia Confectionery Market, by Companies, 2023
Table Saudi Arabia Confectionery Market Share (%), by Brands, 2019-2023
Chart Saudi Arabia Confectionery Market, by Brands, 2023
Table Saudi Arabia – Population (Millions) and Forecast
Table Saudi Arabia – Consumer Price Index (CPI) and Forecast
Table Saudi Arabia – Gross Domestic Product and Forecast
Table Saudi Arabia Confectionery Market: Spend as a Proportion of GDP (%)
Table Saudi Arabia Confectionery Market: Consumption per Capita (Population)


Companies Mentioned


United Food Industries Corporation Ltd. Co.
Trolli GmbH
The Procter & Gamble Company (P&G)
The Hershey Company
Sweets of Oman Company
Pladis Foods Limited
Perfetti Van Melle Group
Patchi SAL
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Kasih Food Production Company
IFFCO Group
Haribo GmbH & Company KG
Halwani Brothers Company JSC
Ferrero International S.A.
Chocoladefabriken Lindt & Sprungli AG
Batook Chewing Gum Industries Ltd.
August Storck KG
Anoosh Company
Al Wefag Trading & Manufacturing Co., Ltd.
Al Maddah Trading Group
Al Jazirah Food Processing Co., Ltd.


Product Type

Industry Statistics

Region

Middle East and Africa

Published Date

2024

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